War in Ukraine shakes up weapons industry with new trends and unlikely winners

  • 📰 i newspaper
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 89%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

The war in Ukraine has supplied a lucrative shop window for arms manufacturers, creating some unlikely winners amid a surge in demand for heavy weaponry ✍️ KieronMonks

The US-made M142 High Mobility Artillery Rocket System in action in a military exercise in Morocco

Russia is the world’s second-largest arms exporter with a 19 per cent market share, according to Sipri figures, but faces a decline with far-reaching implications. The head of Russia’s weapons export branch recently announced that sales for the year would be more thanAnalysts suggest the decline is partly attributable to the poor performance of Russian weapons during the war. The constant stream of images showing destroyed Russian equipment around the world has been the worst possible showcase.

Russia is set to face a significant drop in its arms exports this year, attributable to its poor performance during the war with Ukraine

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

War in Ukraine shakes up weapons industry with new trends and unlikely winnersThe war in Ukraine has supplied a lucrative shop window for arms manufacturers, creating some unlikely winners amid a surge in demand for heavy weaponry ✍️ KieronMonks
Source: i newspaper - 🏆 8. / 89 Read more »